I think you want the "special category" Loan Payment.

"JTWadsworth" <jtwadsworth[at]nospamyahoo.com> wrote in message
news:ilv1301d6rt2sfn4h669fr47346s7731fr[at]4ax.com...
- quote -

On Mon, 16 Feb 2004 12:34:57 -0500, JTWadsworth <jtwadsworth[at]nospamyahoo.comwrote:

- quote -

I can tell you how I did it in Money '03. Hopefully it's the same in M04.

First of all, the automobile should be set up as an ASSET type account. In M03
I am able to specify that this is a car, and also associate a particular loan
with the ASSET.

The APAY itself gets set up with Category -- Loan Payment:GMAC Auto Loan (where
GMAC Auto Loan is the name of the Loan Account.

I think when you set this up using the 'wizard', it will also give you the
opportunity to specify different categories for Principal and Interest.

HTH,

--ron

I want to set up an auto loan account and then set up a montly
electronic Apay to pay from my checking account to the auto loan
account and have it show up on both registries (deposit to the auto
loan account and withdrawl from the checking account). Using Money
04, I cannot for the life of me get the program to do this.

Anyone help please? Note, the auto loan account is to an individual,
not a banking institution. I can easily set it up to send a check
once a month to the person, but that doesn't allow for tracking the
payments in the auto loan account.


JTWadsworth
jtwadsworth[at]nospamyahoo.com